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3M Co Lowers FY 2013 EPS Guidance; Reaffirms FY 2013 Revenue Guidance

Thursday, 25 Apr 2013 07:30am EDT 

3M Co announced that for fiscal 2013, it expects earnings to be in the range of $6.60 to $6.85 per share versus a previous expected range of $6.70 to $6.95 per share and organic local-currency sales growth of 2% to 5%. The Company reported revenue of $29.787 billion in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $31.45 billion and EPS of $6.82 for fiscal 2013. 

Company Quote

-0.38 -0.26%
1:21pm EDT